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You need an educated, skilled and plentiful workforce for global manufacturing. US has taken concrete steps in the last 100 days to reduce all three.
by threeseed 1y ago
You need an educated, skilled and plentiful workforce for global manufacturing.
US has taken concrete steps in the last 100 days to reduce all three.
- Moto7451 1y agoThe strategy of the US has been Hegemony. Friendly foreign partners were intended to take over industries we did not want in our own backyards for political, diplomatic, economic, or environmental reasons. For a stint in college I was an International Relations major and this was 100 series education. At a basic level this is discussed as the “Pollution Haven Hypothesis.” https://en.m.wikipedia.org/wiki/Pollution_haven_hypothesis https://en.m.wikipedia.org/wiki/Pollution_haven_hypothesis A political/diplomatic example is rebuilding the Japanese Steel industry after WWII so they could regain self sufficiency. Until we decide to shoot ourselves in the foot hard enough we’ve had a consistent trading partner in high quality steel ever since. The current “strategy” is painful because it has the weight of the past 60-70 years working against it.
- SpicyLemonZest 1y agoI dunno. This reads to me like an attempt to retroactively justify the effects of US policies that were aimed at a different purpose. I don't think I've ever seen an American politician say that they'd prefer for industry X or Y to be located in a different country.
- vel0city 1y agoJust going to ignore the Marshall Plan and Reverse Course policies then I guess? https://en.wikipedia.org/wiki/Marshall_Plan https://en.wikipedia.org/wiki/Marshall_Plan https://en.wikipedia.org/wiki/Reverse_Course https://en.wikipedia.org/wiki/Reverse_Course This isn't some retroactive attempt to justify something. This was the actual policy at the time.
- SpicyLemonZest 1y agoI don't think either of these policies intended or caused other countries to "take over industries we did not want in our own backyards". In the 50s and 60s the US still ran consistent trade surpluses.
- tmountain 1y agoFactories also require global supply chains. Not the United States strong point at the moment...